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Long-Term Debt
3 Months Ended
Mar. 31, 2015
Debt Disclosure [Abstract]  
Long-Term Debt
Long-Term Debt
(In thousands)
March 31, 2015
 
December 31, 2014
2006 Senior Notes payable through 2021, 5.41%
46,667

 
46,667

2010 Senior Notes payable through 2021, 4.00%
100,000

 
100,000

Senior revolving credit facility maturing in 2019
126,000

 
105,000

Total
272,667

 
251,667

Amounts due within one year
6,667

 
6,667

Long-term debt
266,000

 
245,000


At March 31, 2015, $171.1 million of the $300.0 million senior revolving credit facility was unused including letters of credit.
The revolving credit facility and note purchase agreements require the Company to comply with specified financial covenants. In addition, the credit facility and the note purchase agreements contain negative covenants limiting the ability of the Company and its subsidiaries to enter into specified transactions. The Company was in compliance with all covenants at March 31, 2015.
The Company had outstanding bank guarantees and standby letters of credit with banks as of March 31, 2015 totaling $6.0 million, of which $2.9 million relate to the senior revolving credit facility. The letters of credit serve to cover customer requirements in connection with certain sales orders and insurance companies. No amounts were drawn on these arrangements at March 31, 2015. The Company is also required to provide cash collateral in connection with certain arrangements. At March 31, 2015, the Company has $2.7 million of restricted cash in support of these arrangements.